John-Mark Staude

A $40M Company Created $2B in Mining Value | John-Mark Staude - Riverside Resources

• Top takeaway His central claim is that a roughly $40 million market cap understates what Riverside has created: seven spinouts worth over $2 billion combined in 20 years, a figure he says grew from about $1 billion only because markets rose.
• He presents the next spinout as the next leg of growth - buy Riverside shares now and you get the new company - and hopes to take it public within the next year while keeping royalties.
• He argues incubation, not discovery, is the real work: assemble a share structure and a management team, let that team run the company, and stay on as a shareholder.
• He ranks gold first by choice because royalties are attractive, development capital is low and permitting is fast, while large copper projects take too long to permit and build.
• He points to the assembled management teams as the scarce capability, naming Alberto Rosca for Capitan Silver, mining geologist Jordi Mark as respected by analysts and institutions, Julian Monco who has worked with the company since 2000, and Michael Graham as Blue Jay's new CEO.

Riverside Resources has spun out seven companies worth over $2 billion combined while its own market cap sits near $40 million. Its next spinout, Ravenna, would hold five Mexican properties in Sonora while Riverside keeps royalties across all of them. The guest says gold is the priority because it needs less development capital and permits faster than large copper projects. A net smelter royalty is a cut of a mine's revenue; Riverside holds 2% stakes at Tahuehueto and Sugarloaf Peak. Five new projects in southern British Columbia, spanning rare earths, gold and copper, extend the project-generation pipeline.

Gold Cooled Off, But the Bull Market Isn’t Over. | John-Mark Staude - Riverside Resources

• Top takeaway He sees the gold pullback from the $5,600 range to the $4,000 range as a healthy consolidation within a longer upward move and expects prices to move up from here (as of July 2026).
• Unlike his 2021 view that gold felt toppy at $2,200, he is now very bullish on gold, citing demand tied to Iran, China, and Russia and vault demand in Singapore and Hong Kong, and says he is buying physical gold.
• He argues Riverside's spinout distributions add roughly $1.15 per share of value against the current 20-25 cent share price, calls the stock a buy, and says he is buying more.
• His three favored commodities are rare earths, copper, and gold, and he is adding rare-earths projects citing critical-minerals policy pushes in the United States and Canada.
• He describes January's rally as a firework moment that drew bubble-like retail interest and says the current cooling is healthy before the market moves up again.

The Riverside CEO argues gold's pullback is healthy consolidation, with demand for gold, silver, and copper driving a longer-term bull market. Spinouts and royalties created value the CEO says does not show on the share chart — distributed shares worth over $1 per Riverside share. Riverside retains royalties (a share of future production revenue) on every spinout and now holds nine, making royalty generation its core business. The guest reads conference crowd behaviour — neighbors at January's frenzy, "Diet Cokes" now — as a gauge of retail froth and cooling. Near-term catalysts are Questcorp drill results in Mexico and possible new spinouts from British Columbia, with rare earths, copper, and gold the focus commodities.

John-Mark Staude, CEO of Riverside Resources Inc | Rule Symposium 2026: Rick Rule interviews

• Top takeaway Staude argues the prospect-generator model is better for shareholders because partners supply the capital and the due diligence, so his own shares have not been diluted: 18 years with fewer than 100 million shares outstanding.
• He says Riverside has generated more than C$180 million of third-party spending across over 85 projects and helped create seven companies, yet as of the May 2026 interview the market cap is C$22 million with C$5 million cash, a C$17 million enterprise value he calls a real value.
• He claims shareholders have already received more than triple Riverside's own value back, that the BlueJet spin-out should add another 2x, and points to Capitan Silver's move from 20 cents to over $2 as proof the model has worked.
• He relies on major-company validation to argue his projects are de-risked by other people's teams, citing BHP bringing roughly 250 experts alongside alliances with Antofagasta, Kinross and Santarea Gold and a joint venture with Cliffs.
• For the coming year he flags partner drill results including work with Quest Corp in Mexico, rare earth programs in British Columbia, gold and porphyry copper results, and another spin-out that he explicitly calls a forward-looking plan he has not crystallized.

The guest's prospect generation model hands projects to partners who fund the work and run their own due diligence, so shares stay undiluted. Partners including BHP, Antofagasta and Kinross fully funded project generation, adding earth scientists and crews Riverside never paid for. Riverside pairs C$180 million of partner spending on its projects with a C$22 million market cap and C$5 million in cash. The guest says spin-outs have returned over three times Riverside's value to shareholders, with BlueJet expected to double that again. The next 12 to 18 months bring partner drill results in Mexico, rare earth results in British Columbia, and one more spin-out.